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20121205
20121205
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in their homes by sunday. good luck with that. bill: from a cash-strapped detroit, michigan. we shared this with you last hour. this is city council member pleading on behalf of the white house to deliver the goods for detroit to help it out with, help the city out with its current economic situation. have a listen to what was said in part and we'll explain more. >> after the election of jimmy carter mayor coleman alexander young, he went to washington, d.c. he came back with some bacon. that's what you do. that's what you do. this is, our people in after overwhelmingly supported the re-election of this president. there ought to be a quid pro quo and you also exercise leadership on that. of course not just that but why not? bill: so this is something that is being debated today. we talked about it last hour with stuart varney. what stuart's point was, if you start with detroit where do you end? if you go west into illinois, further west into california there is economic trouble all over the american landscape. martha: once you start pulling on the string a whole lot will fall apart. bi
. houston, texas, breaking a record yesterday of 83 degrees. delaware, georgetown, 73. flint michigan, 65 degrees, all going do come to an end. we have a pattern shift on the way. all of the cold air has been bottled up across canada but a dip in the jet stream and the cold air is going to spill southward so temperatures in the 20's and 30's tonight and into the weekend as things start to change and it feels more seasonal. trace? >>trace: back to normal, good to see you. >> president obama is preparing to ask congress for additional emergency aid money for victims of super storm sandy. the final price tag is $50 billion. that is according to multiple sources in washington, dc but the states hardest hit asked for more, new york, new jersey and connecticut have asked for $82 billion in aid as lawmakers debate spending cuts linked to the upcoming fiscal cliff. the deadly storm destroyed or otherwise damaged hundreds of thousands of homes and businesses knocking out power to millions of people along the northeast coast. be careful what you say in front your television because one day soon it
michigan. caller: my heart really bleeds for the former who owns a multimillion-dollar estate and is wary about his one cowboy that he employs. i think that is what is wrong with this system. it is greed. host: "the new york times" is reporting this morning possibly republicans considering extending tax cuts for middle class americans. "the new york times" is reporting this -- host: any fallback plan from republicans does not include a plan for the estate tax. guest: there is no easy solution to what is happening right now. the senate passed their tax bill over the summer. it was going to include an estate tax extension, as well. $3.5 million exemption. it was not put into the bill. the bill will do with a lot of things that are expiring but the estate tax will be left where was. that will be hanging out there. congress cannot let it hang out there for long. it shouldn't be at the level it was in 2001. it shows you how many things are hanging out there. even if fallback plan -- host: back to the capital gains tax on twitter. what does he mean by capital formation? guest: you want to encou
Search Results 0 to 2 of about 3